338 Front StNew AlbanyPA18833
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in New Albany at 338 Front St, New Albany, PA, 18833 offers $1,498/mo rent that, after a $942/mo payment, leaves $237/mo cash flow. Total monthly income is $1,498/mo, and annual cash flow is $2,841/yr on $63,814 cash. Return on cash invested measures 24.36% in year one, and rental yield stands at 9.34% at a $192,500 entry. Equity gained on principal adds $1,242/yr while 5% annual appreciation compounds into $53,184 by year five. Five-year ROI records 127.2% and total cumulative return in cash reaches $81,173. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,498/mo property income versus a $942/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1906
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18833, New Albany, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,197 (100%) |
| Owner Occupied HU | 616 (51.5%) |
| Renter Occupied HU | 156 (13.0%) |
| Vacant Housing Units | 425 (35.5%) |
| Median Home Value | $248,148 |
| Average Home Value | $268,482 |
Housing Distribution
Address Breakdown
Residential
791
Single Family
791
Multi-Family
0
Businesses
14
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Nearby investment properties with comparable prices
Listed by: Bobbi Jo Chase • Century 21 Jackson Real Estate - Athens
Mls Name: Northern Mountains of Pennsylvania MLS
Mls ID: #31723733